MATH 112 Lecture Notes - Lecture 20: Money Market Account, Asymptote

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Math112-lecture20-exponential function y=ax+b: general formula for linear function y=ax2+bx+c:general formula for quadratic. General formula for exponential function: y=bx where b is a real number/positive/not 1. The third one add a number outside, so it is shifted up. The second one subtract a number from inside, so it is horizontal transfer to right by 2. y=2x : x. It take the same properties, but shift them. Keep track of the y-intercept and the horizontal asymptote. Example: if i have , the interest rate is 5% interest/annual, First year: 100 * 1. 05 =100(1. 05) i get this value bucks. Second year: (100*1. 05)*1. 05=100(1. 05)2 i get this value bucks. Third year:( ( (100*1. 05)*1. 05)*1. 05=100(1. 05)3 i get this value bucks nth year:100(1. 05)n. The formula for such problem is a=p(1+r)nt where p is the principle amount, r is the rate interest,n is the number of times per year, t is the number of years. Example: a person plans to invest into a money market account.

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